RE: LeoThread 2025-05-05 12:02
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TCY is set for launch on Monday, May 5th, with a detailed rollout plan outlined below.
"Quoted tweet: $TCY TIMELINE
Summary: TCY claiming and trading go live on May 5th at 19:00 UTC.
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An upgrade by a key partner is scheduled about one week after this announcement. This allows integration partners such as wallets, user interfaces, centralized exchanges, and tools adequate time to update.
Consequently, version 3.5.0 is scheduled for release on Thursday, May 1st, 2025.
Version 3.5.0 includes critical updates to the Bifröst code—responsible for monitoring and signing transactions on external chains—which necessitates significant development focus.
This has resulted in the TCY launch being moved to the beginning of the following week. The launch procedure for Monday, May 5th, is as follows:
Temporarily pause TCY trading across all channels by setting the "HALTTCYTRADING" flag to 1.
Disable TCY claims by updating the relevant constants:
Seed the pool from the Treasury with 3M TCY, equivalent to $300K of RUNE, targeting a price of $0.10 per TCY. (MsgDeposit from the Treasury address: add:thor.tcy:thor10qh5272ktq4wes8ex343ky9rsuehcypddjh08k)
Reactivate staking and unstaking by resetting the following constants to 0:
Finally, at exactly 19:00 UTC, three nodes will reset:
This will initiate the claiming, swapping, and overall market activity—ensuring everything is fair, transparent, and open to all.
Fueling $TCY for launch.